'Faster than expected': EV sales predicted to overtake fossil fuel cars within three years across Europe

Electric vehicles (EVs) are set to become the most in-demand option for drivers across Europe within the next three years, with a rapid shift to electric mobility on roads now inevitable over the coming decade and beyond, a major new study of seven national auto markets has concluded.

Thanks to declining upfront EV costs, a widening range of available plug-in models, tighter CO2 standards, and increasingly demanding deadlines for phasing out the sale of new fossil fuel vehicles across Europe, the shift away from petrol and diesel is poised to rapidly accelerate, according to the analysis from the Platform for Electromobility.

A new study today commissioned by the industry alliance – which counts more than 45 producers, operators, transport users, and civil society organisations as members – assesses the rate of EV take-up, market conditions, and regulatory landscapes Europe’s largest auto markets: the UK, France, the Netherlands, Italy, Spain, Germany,

Keep reading this article on Business Green - Incisive Business Media (IP).

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